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About Tenco

Tenco is one of New Zealand’s largest exporters of forest products. We have built to this position since 1991 when the company was set up to export lumber to growing Asian export markets. Experience and reputation count; from small beginnings Tenco has become the largest independent exporter of New Zealand lumber and New Zealand’s 4th largest log exporter. Tenco has a regular shipping program of their own log vessels and in combination with these and other ships currently calls at 7 New Zealand ports (5 North Island and 2 South Island).

Tenco buys standing forests. Tenco currently has a number of forests which they purchased at harvestable age to log over a number of years for export and domestic markets. Tenco also regularly buys smaller tracts of forest to harvest immediately or immature forests to hold until harvest time. Tenco is interested in broadening the base of owners from whom it purchases forests and stands of trees. A deal with Tenco is a certain transaction. The owner and Tenco will agree on a value of the tree crop and then Tenco will pay this amount to the owner either in a lump sum amount or on rate per volume unit out-turn from the forest depending on the nature of the tree crop.

Tenco knows there are a lot of farmers who have trees that are close or ready to harvest and will be asking themselves how they should proceed with the sale of their trees. For some farmers the kind of certain transaction with money in the bank could well be appealing. Tenco is actively interested in buying harvestable forests or trees from areas including all the North Island (except the Gisborne and East Coast districts) and Nelson & Marlborough in the South Island .

If you own a forest in this area (16 years and older) and are ready to enter into this kind of agreement Tenco is interested to develop something with you.
Please contact: Josh.Bannan@tenco.co.nz
Work: +64 7 357 5356 Mobile: +64 21 921 595 www.tenco.co.nz

Forest Owners Association News Media Statement 8 March 2018

Zero Carbon Act solution in planting more trees

The Forest Owners Association says the Parliamentary Commissioner for the Environment, Simon Upton, should be listened to when he says "Words need to be turned into deeds to achieve New Zealand’s climate change mitigation goals".

Simon Upton says New Zealand should emulate Britain and enact a Zero Carbon Act because New Zealand has to catch-up on climate change.

Forest Owners Association President Peter Clark says the UK Zero Carbon Act is a good model to adopt for New Zealand conditions.

“Simon Upton has provided some timely advice as the government moves on its pre-election commitment to get serious about reducing domestic greenhouse gas emissions.”

“Plantation forestry already plays a major role in locking up atmospheric carbon. Simon Upton’s predecessor, Jan Wright, produced a report on biological greenhouse gas emissions and agriculture in October 2016. Her message was clear – forests can offset these emissions from livestock on a scale no other current technology can manage.”

“Forestry Minister Shane Jones recently acknowledged the huge impact that Jan Wright’s report had on his thinking in committing to a plan to see a billion trees planted in New Zealand in ten years,” Peter Clark says.

“With or without an Act of parliament to independently control the policy settings to reduce our net greenhouse gas emissions, plantation forestry will stand to play a vital role in assisting New Zealand agriculture meet climate change obligations, without destroying the base of that agriculture industry as other solutions might do.”

“However, use of wood in biofuels to replace fossil fuels and wood in construction to replace more energy intensive steel and concrete will provide lasting benefits. In an almost literal sense trees give us breathing space until the less emissions intensive technologies and land use practices are adopted. Over the past decade New Zealand should have been planting more trees and growing the national forest estate. That was a missed opportunity.”

“If we get Simon Upton’s recommended Act then that might give governments the focus to look after both short-term and long-term climate change policy and actions. This will provide the policy stability that all New Zealand business need to make investment decisions.”

Peter Clark did however sound a note of warning on planting trees to lock up carbon.

“Not all trees are created equal, nor grow equally. Plantation pine trees will have stored about 900 tonnes of carbon dioxide per hectare at maturity, at about 28 years. Harvesting and then replanting will maintain an average of 600 tonnes of carbon dioxide lock-up per hectare.”

“In contrast, a regenerating podocarp forest, such as rimu or totara, will lock-up not much more than 300 tonnes of carbon dioxide within their first fifty years. By all means encourage planting native trees, but people need to be aware that if your goal is carbon lock-up, fast growing exotics will lock up much more carbon per hectare than native trees, at least within the 2030 timeframe that is the immediate challenge under the Paris Agreement.”

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